A view in Pingshan. Photo from Pingshan Media Center

Pingshan District is offering a vast expanse of 307 hectares of land for potential investment opportunities, it was announced at Shenzhen's land investment promotion conference April 18.

This year, Pingshan has combed through eight land parcels and six urban renewal projects across the district for investment, totaling an impressive area of 1,821 hectares. The initial release consists of 307 hectares, including 159 hectares for residential development, 14 hectares allocated for commercial use and 134 hectares designated for industrial purposes. The land parcels are located in central Pingshan, north Biling, north Shatian, the Hi-tech Zone area and others.

According the conference, Shenzhen has scoped out 70 land parcels citywide this year, encompassing a total area of about 100 square kilometers for investment. The initial phase unveiled 13 square kilometers of prime land, all located in key development areas, such as 22 city-level key areas, 40 headquarters economic clusters, and 20 advanced manufacturing parks. Notably, Pingshan offers the largest land parcels for prospective investors. 

Shenzhen Party chief Meng Fanli and Mayor Qin Weizhong attended the conference. According of Meng, Shenzhen is working to create a market-oriented, law-based, and internationalized first-class business environment and striving to ensure that various high-quality projects can be developed quickly in the city. Qin said Shenzhen has always regarded enterprises as valuable resources for high-quality development. The city is accelerating the development of land parcels to provide high-quality, abundant space for enterprises to invest, develop, innovate, and thrive.